FBT vs. PIO ETF Comparison
Comparison of First Trust Amex Biotech Index Fund (FBT) to PowerShares Global Water Portfolio (PIO)
FBT
First Trust Amex Biotech Index Fund
FBT Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NYSE Arca Biotechnology Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-dollar weighted index designed to measure the performance of a cross section of companies in the biotechnology industry that are primarily involved in the use of biological processes to develop products or provide services. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$172.42
Average Daily Volume
25,756
30
PIO
PowerShares Global Water Portfolio
PIO Description
The PowerShares Global Water Portfolio (Fund) is based on the NASDAQ OMX Global Water Index. The Fund generally will invest at least 90% of its total assets in companies listed on a global exchange that create products designed to conserve and purify water for homes, businesses and industries. The Fund and the Index are rebalanced quarterly and reconstituted annually in April.Grade (RS Rating)
Last Trade
$42.66
Average Daily Volume
10,499
12
Performance
Period | FBT | PIO |
---|---|---|
30 Days | 1.07% | 1.28% |
60 Days | 3.93% | 4.30% |
90 Days | 13.14% | 5.59% |
12 Months | 20.33% | 31.40% |
1 Overlapping Holdings
Symbol | Grade | Weight in FBT | Weight in PIO | Overlap | |
---|---|---|---|---|---|
WAT | B | 3.69% | 3.38% | 3.38% |
FBT Overweight 29 Positions Relative to PIO
Symbol | Grade | Weight | |
---|---|---|---|
BGNE | B | 4.58% | |
CORT | B | 4.56% | |
EXAS | C | 4.56% | |
BNTX | B | 4.34% | |
GILD | A | 3.72% | |
CPRX | C | 3.72% | |
ALKS | B | 3.68% | |
RGEN | F | 3.67% | |
ARGX | A | 3.61% | |
EXEL | B | 3.59% | |
NTRA | A | 3.53% | |
ILMN | B | 3.48% | |
UTHR | C | 3.46% | |
MTD | B | 3.42% | |
HALO | D | 3.34% | |
BRKR | D | 3.31% | |
ALNY | C | 3.27% | |
INCY | B | 3.22% | |
AMGN | D | 3.02% | |
REGN | D | 2.96% | |
VRTX | D | 2.95% | |
ITCI | D | 2.91% | |
GMAB | F | 2.8% | |
ACAD | F | 2.68% | |
BIIB | F | 2.61% | |
BMRN | F | 2.56% | |
SRPT | F | 2.55% | |
NBIX | F | 2.42% | |
MRNA | F | 1.71% |
FBT: Top Represented Industries & Keywords
PIO: Top Represented Industries & Keywords